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Public Governance and Economic Growth in the Transitional Economies of the European Union

Transylvanian Review of Administrative Sciences

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Title Public Governance and Economic Growth in the Transitional Economies of the European Union
 
Creator BAYAR, Yilmaz; Associate Professor, Department of Economics,
Faculty of Economics and Administrative Sciences,
Usak University, Usak, Turkey
 
Subject public governance, economic growth, panel regression.
 
Description According to new growth theories, public governance is an important determinant for sustained economic growth. This study examines the impact of six public governance indicators, including voice and accountability, political stability and the absence of violence/terrorism, government effectiveness, regulatory quality, rule of law and control of corruption, on the economic growth in the transitional economies of the European Union during the 2002-2013 period. The results show that all governance indicators except regulatory quality had a statistically significant positive impact on economic growth. Our findings also indicate that control of corruption and rule of law had the largest impact on economic growth, while political stability had the lowest impact.
 
Publisher Babes Bolyai University
 
Contributor —
 
Date 2016-06-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://rtsa.ro/tras/index.php/tras/article/view/480
 
Source Transylvanian Review of Administrative Sciences; 2016: Issue No. 48 E/June; 5-18
1842-2845
 
Language eng
 
Relation http://rtsa.ro/tras/index.php/tras/article/view/480/469
 
Rights Copyright (c) 2016 Transylvanian Review of Administrative Sciences